Lumber futures (LB1:COM) have come under strain after the initial tariff-driven upswing has fizzled out and the cracks in the housing market are beginning to show. LB1:COM has retreated from an early ...
Softwood lumber prices remain at historically low levels. Prices today are 54% lower than their 1975 average and 49% lower than their 1995 average, adjusted for inflation. Yet Canada and the National ...
Residential building material prices continued to experience elevated growth, according to the latest Producer Price Index ...
Tariffs that were meant to protect domestic producers are now ricocheting through the home improvement sector, helping to ...
Crews at a construction site in Denver, Colorado, are working around the clock, trying to keep up with an increased demand by building more housing. “It’s getting really interesting out there isn’t it ...
PotlatchDeltic (NASDAQ:PCH) +2.2% in Wednesday's trading as Truist upgraded the lumber real estate investment trust to Buy from Hold with a $52 price target, raised from $44, believing the stock is ...
Lumber has been having quite the moment as of late. The ordinarily quiet commodity market has been the center of attention since a booming housing market and supply strain disruptions lead to an ...
Demand for lumber skyrocketed during the pandemic, sending prices to all-time highs. This video explains the lumber boom, who’s profiting, and why those growing the trees aren’t reaping the benefits.